Monthly Archives: August 2017

India firm to spend US$100 million in Zambia’s energy or airport construction

One of India’s biggest investors in infrastructure, GMR Group, has announced that it will spend US$100 million initial investment in either the energy sector or airport construction in Zambia. GMR Group, who are also owners of Delhi Airport in New Delhi, India, are expected in Zambia next week to explore investment opportunities in energy and infrastructure. Group Director Rao Kotih ...

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Sinkamba doubts Mopani’s eligibility to settle CEC’s outstanding balance

The Opposition Green Party is skeptical Mopani Copper Mines (MCM) will pay the outstanding US$15 million electricity bill which the company owes Copperbelt Energy Corporation (CEC) within the agreed timeframe of six weeks. Party Leader Peter Sinkamba also doubts that Mopani will be able to provide the Zambia Revenue Authority (ZRA), and other relevant stakeholders, with all the relevant documentation ...

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South Africa cannot interfere in Zambian politics – Zuma tells parley

South African President Jacob Zuma says South African cannot interfere in Zambian politics. Responding to a question in Parliament by Democratic Alliance Leader Mmusi Maimane who wanted to know why he did not condemn the detention of UPND leader Hakainde Hichilema on treason charges, Mr Zuma said it’s not his government’s policy to interfere in the politics of other countries. ...

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Diouf out of Senegal’s qualifiers

Stoke City striker Mame Biriam Diouf is out of Senegal’s two World Cup qualifiers against Burkina Faso over the next five days, officials said on Thursday, due to a knee injury.Diouf misses the match-up in Group D in Dakar on Saturday and the return encounter in Ouagadougou next Tuesday. The 30-year-old forward was also absent last weekend when Stoke City ...

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Justin Shonga: poised to steel the show

The race to Russia 2018 FIFA World Cup is upon us once again. Not many people are giving a chance to the green, orange, black and red of Zambia with the mighty eagle emblem on it to be in Moscow in 2018. But Chipolopolo Coach Wedson Nyirenda believes Zambia’s chances of making it to Moscow are as good as anybody’s. ...

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Is Eminem Going On A F—k Donald Trump Tour?

(AllHipHop Rumors) Eminem better be careful! People start having “heart attacks” when you diss the president too much. Or accuse him of rape or something. BUT…but there is a crazy rumor that is going around that Eminem may be embarking on a whole F—k Donald Trump tour next year. As you know, over in Glasgow, Eminem lead chants disparaging the ...

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Houston flood: ‘Dangerous’ chemical leak from Arkema plant

A plume of smoke seen issuing from a flood-damaged chemical plant near the storm-hit US city of Houston is “incredibly dangerous”, the head of the US emergency agency Fema has said. Brock Long said officials were still trying to evaluate the situation at Arkema’s chemical plant in Crosby. A police officer at the site was hospitalised after inhaling fumes. Nine ...

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No decisive progress on Brexit – Barnier

Europe’s chief Brexit negotiator Michel Barnier says there has been “no decisive progress” on key issues in talks with the UK. He said the two sides were “quite far” away from being in a position to begin talks on future trade arrangements. He claimed the UK did not feel “legally obliged” to honour its “obligations” after leaving the bloc in ...

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August inflation rate declines to 6.3%

The annual inflation rate for August 2017 has marginally decreased by 0.3 percentage points to 6.3 percent from 6.6 percent recorded in July. This means that on average, prices increased by 6.3 percent between August 2016 and August 2017. Briefing journalists in Lusaka, Central Statistical Office (CSO) Director John Kalumbi says of the total 6.3 percent annual inflation rate recorded ...

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